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Average home price: Canada vs. the world

Want to know where Canadian cities rank in terms of average housing costs? Check out this ranking of 71 cities, which is a compilation of a few reports recently released by Coldwell Banker Real Estate.

Sorry for the radio silence. I was in the process of moving and then came down with horrible food poisoning (ended up at emergency at North York General!).

But I’m back with an interesting ranking of how expensive homes are in various countries across the globe and how this compares to the average housing prices in various Canadian cities.

Coldwell Banker Real Estate’s latest report — released July 13, 2011 — compares similar four-bedroom, two-bathroom homes in 32 countries, including Canada and the U.S.

Among the more affluent markets are Paris and Boulogne in France, Newport Beach, CA in the USA and Milan, Italy.

If you’re looking for lower mainland cities in B.C., check the top of the list. Vancouver, Kelowna and Burnaby rank at the top of the 71 city list — and are considered some of the most expensive markets globally. (NOTE: This list is not a definitive ranking as some cities have been omitted from the original list due to space. Click here for the full international report. Click here for the full Canadian report.)

And if you’re looking for Toronto you’ll have to scroll right down to the bottom third of the 71 listed cities. There it sits with an average price of $378,913, less than even Guelph’s average four-bedroom, two-bathroom home. (NOTE: All prices are in U.S. dollars.)

France

Paris

$3,624,000

France

Boulogne

$2,565,000

USA

Newport Beach, CA

$2,537,126

Italy

Milan

$1,918,750

Spain

Madrid

$1,877,070

Italy

Rome

$1,777,750

USA

Pacific Palisades, CA

$1,606,992

Canada

Vancouver, BC

$1,546,475

USA

Stone Harbor, NJ

$1,344,908

Bermuda

Bermuda

$1,253,750

St. Kitts-Nevis

Nevis

$1,103,750

Canada

Kelowna, BC

$1,087,410

Australia

Sydney

$1,047,250

Turks and Caicos

Providenciales

$1,033,750

USA

Ossining, NY

$919,986

Netherlands

Amsterdam

$862,320

Netherlands

The Hague

$827,770

Vietnam

Ha Noi

$816,667

Vietnam

Da Nang

$803,571

Canada

Burnaby, BC

$797,455

Lebanon

Beirut

$765,000

Ireland

Dublin

$687,289

Australia

Gold Coast

$674,796

Canada

Fort McMurray, AB

$652,382

Czech Republic

Prague

$638,750

Greece

Athens

$632,624

USA

District of Columbia

$630,645

Canada

Oakville, ON

$624,914

Costa Rica

Santa Ana

$617,500

Australia

Brisbane

$583,555

Mexico

Mexico City

$566,500

Canada

Victoria, BC

$540,087

Canada

Surrey, BC

$536,109

Canada

Calgary, AB

$534,912

USA

Scottsdale, AZ

$455,964

USA

Palmetto Bay, FL

$449,353

Aruba

Aruba

$445,875

Canada

Edmonton, AB

$442,121

Canada

St. John’s, NF

$440,825

Canada

Mississauga, ON

$439,175

Canada

Burlington, ON

$429,249

Canada

Ottawa, ON

$426,150

Peru

Lima

$423,125

USA

Birmingham, MI

$418,473

Turkey

Istanbul

$417,975

Canada

Whitehorse, YT

$405,465

Mexico

Monterrey

$400,211

Canada

Guelph, ON

$391,030

Canada

Toronto, ON

$378,913

Belize

San Pedro

$366,750

Indonesia

Jakarta

$354,651

Canada

Barrie, ON

$341,567

Canada

Red Deer, AB

$307,919

Canada

Winnipeg, MB

$307,464

Panama

Panama City

$285,000

Canada

Stratford, PEI

$279,845

Canada

Lloydminister, SK

$279,445

Guatemala

Guatemala City

$265,000

Turkey

Ankara

$264,000

Canada

Lethbridge, AB

$248,082

Canada

Hamilton, ON

$244,906

Canada

New Glasgow, NS

$231,971

Dominican Republic

Sosua

$196,250

Honduras

San Pedro Sula

$193,000

Canada

Windsor, ON

$144,460

Venezuela

Caracas

$138,497

USA

Cleveland, OH

$76,042

Ecuador

Salinas

$75,000

USA

Detroit, MI

$73,363

USA

Coolidge, AZ

$69,083

USA

Niagara Falls, NY

$60,820

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